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US jobs report: Watch that wage growth print

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US jobs report: Watch that wage growth print

(AI Video Summary)

Upcoming US employment report’s impact on wage growth

Angeline Ong is joined by guest interviewee Chris Versace, CIO of Tematica Research, to discuss key economic indicators pointing to potential surprises in the upcoming US employment report, particularly regarding wage growth. Versace highlights the ongoing challenge of inflation, and the possibility that higher-than-anticipated wage figures could indicate persistent inflationary pressures.

NVIDIA’s market impact

Additionally, he touches on the Federal Reserve’s monetary policy outlook amidst varying economic signals, and NVIDIA’s market impact following its success and upcoming stock split. The dialogue also covers the consumer retail sector, with a focus on Costco’s strong performance and its strategic positioning boosting membership revenue amidst continued inflation concerns.

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